$8k here we come. Honestly, lower than this will cause some panic dump as that will end up dropping below 200MA. Do you guys think this can hold? With the buy walls getting squashed.
If someone told me BTC would be at $7K+ or even $5K+ a year from now, one year ago exactly I would probably have bought a bottle of champagne in celebration.
You can still open the bottle of champagne now bro!
I really do not understand
Nothing bad is happening at the momento
All exchanges are crowded with new users, and still losing marketcap?
Well, the whales are still playing with the market and all those newly registered users on the exchanges are just you and I who are buying so little compared to when the institution steps in, once they feel the bears are fully worn out and then we start seeing FOMO buys all over again.
Oh la la! I would not want to get my hopes up too much though, but I got back all in at $7800 while targeting the 200MA with the mindset that the whole drag down was an institutional play and some great number of big boys would not want it to go below that line. I really hope I end up getting this one right, but from the look of things, I might be popping some expensive champagne soon, and that is if I do not end up smoking shisha at $5000, if it ends shitting some more red lower than what I bought.
So, who sold at the bottom? Bear trap is over and according to masterluc we're in the beginning of the 4th wave. From this point we're going UP!
Sorry! New here, so pardon me for not giving honor to whom honor is due, if apparently he deserves the honor, but who is he? Masterluc? Been seeing the name appear on this thread over and over.